Title says it all. Starting to reach the breaking point. What sort of opportunities are out there for post mba associates with 18-24 months on the job. In an M&A group at a BB and just running out of 100 hour weeks. What sort of pay cut should I expect?
I never exclusively asked what the pay was, but everyone seemed happy. The one person going into PE Biz Dev made the comment that they were surprised in a good way by the pay. - all of them were making 2020-2021 BB Assoc Salaries. ( I think the one thing to add here - is that all the MBAs were happy because they were leaving banking and were willing to take pay cut if that is what it took).
All exited with 12-24 months of Associate Experience - Some had closed large deals and moved on, some had not.
I never exclusively asked what the pay was, but everyone seemed happy. The one person going into PE Biz Dev made the comment that they were surprised in a good way by the pay. - all of them were making 2020-2021 BB Assoc Salaries.
All exited with 12-24 months of Associate Experience - Some had closed large deals and moved on, some had not.
Thanks for the response. Begs the question, what had kept you around in IB?
The Deals babbbbbbby, I'm a junkie, I love this shit!
Getting to chase clients, come up with interesting ideas for M&A in the industry. I worked my way into a really good spot under a MD and got a little more free rein to do what I want (assuming work get done).
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I have seen MBA associates jump to PE - Bus Dev, Corp Dev, and higher up FP&A roles. - Sample 5 MBA associates
That’s encouraging. How much time did they have under them when they made that move? Significant pay cuts on the corp dev side I assume?
I never exclusively asked what the pay was, but everyone seemed happy. The one person going into PE Biz Dev made the comment that they were surprised in a good way by the pay. - all of them were making 2020-2021 BB Assoc Salaries. ( I think the one thing to add here - is that all the MBAs were happy because they were leaving banking and were willing to take pay cut if that is what it took).
All exited with 12-24 months of Associate Experience - Some had closed large deals and moved on, some had not.
Thanks for the response. Begs the question, what had kept you around in IB?
The Deals babbbbbbby, I'm a junkie, I love this shit!
Getting to chase clients, come up with interesting ideas for M&A in the industry. I worked my way into a really good spot under a MD and got a little more free rein to do what I want (assuming work get done).
*not a MBA Associate
Nam officia voluptas maxime deleniti vero qui similique. Provident alias rerum laudantium. Ut quo aliquam vero debitis odio fugiat labore. Sequi eum nulla voluptatem neque nihil. Repellat deleniti necessitatibus qui officiis. Aut ullam quia odio.
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